Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A
Key Features: • Rear Garden • Mixed Use • View more: underthehammer.com
Location: • Nearest Station: Winson Green Outer Circle Tram Stop • Distance to Station: 0.8 miles
Agent Information: • Address: 61 Charlotte Street, St Pauls Square, Birmingham, B3 1PX
Full Description: For Sale by under the hammer online auction. Thursday 20th - Thursday 20th February 2025 - Head over to our website to download the legal pack, register to bid and see more information.A freehold mixed-use property with high yielding income and development potential
Situated on a highly sought-after high street, this mixed-use property offers a fantastic opportunity for investors and developers Property Layout: Ground Floor: Retail area with direct access from Dudley Road, leading to a kitchen and storage room at the rear.First Floor: Separate access to a spacious flat featuring a reception room, two well-sized bedrooms, and a family bathroom. Tenancy Schedule: Ground Floor Commercial: Let at £1,900 pcm (£22,800 pa).First Floor Flat: Currently vacant, with a potential rental income of £750 pcm (£9,000 pa).Total Potential Income: £31,800 pa. Other Key Features: Refurbishment opportunity to enhance value or repurpose the property.Potential for redevelopment into multiple residential units (subject to planning permission).High demand for commercial and residential spaces in the area.Gated rear access for loading into the shop. This property is surrounded by well-maintained commercial properties, making it an attractive prospect for those looking to maximise its potential. Whether you’re seeking to renovate, redevelop, or generate a solid rental income, this property ticks all the boxes.Here's what to do nextVisit - Our website and view the auction terms.View - Book a viewing directly through our website.Register - Get registered prior to the auction opening date.Legal Pack - Download and view the legal pack to find out all the relevant information.Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.Bidding - Everything is completed online through the website and the intuitive bidding controls.If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our websiteBrochuresLegal PackRegister to bidEnergy Performance CertificatesEPC 1
